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Linker Coin (LNC) Falls 0.05%, Underperforms the Crypto Market Monday

Monday, January 24, 2022 07:50 PM | InvestorsObserver Analysts
Linker Coin (LNC) Falls 0.05%, Underperforms the Crypto Market Monday

Linker Coin (LNC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has dropped 4.7% to $0.05640330788.

volatility - 49
InvestorsObserver is giving Linker Coin a 49 Volatility Rank. Find out what this means to you and get the rest of the rankings on Linker Coin!

Moderately Volatile

InvestorsObserver gives Linker Coin a moderate volatility rank of 49, placing it in the bottom 49% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. LNC's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Linker Coin price is well positioned going forward. With support set at $0.0513453844663512 and resistance around $0.0581464346227061. This positions Linker Coin with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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